Revision of Retirement Allowance Regulations and Five-Year Amortization of Past Service Cost
First written in FY2018-Q1. 8 of 9 entries say "Restated". Latest entry: FY2023.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Prior service costs are recognised as an expense on a straight-line basis over a specified number of years, within the average remaining service period of employees at the time the costs arise, which is five years.」
The accounting policy of recognising prior service costs related to retirement benefits on a straight-line basis over five years is reiterated. - FY2021RestatedAnnual report
「Prior service costs are recognised as an expense on a straight-line basis over a specified number of years, within the average remaining service period of employees at the time the costs arise, which is five years.」
The accounting policy of recognising prior service costs related to retirement benefits on a straight-line basis over five years is reiterated. - FY2021-Q1RestatedAnnual report
「Prior service costs are recognised as an expense on a straight-line basis over a specified number of years, within the average remaining service period of employees at the time the costs arise, which is five years.」
The accounting policy of recognising prior service costs related to retirement benefits on a straight-line basis over five years is reiterated. - FY2020RestatedAnnual report
「Prior service costs are recognised as an expense on a straight-line basis over a specified number of years, within the average remaining service period of employees at the time the costs arise, which is five years.」
The policy of recognising prior service costs related to retirement benefits on a straight-line basis over five years is reiterated. - FY2019RestatedAnnual report
「Prior service costs are recognised as an expense on a straight-line basis over a specified number of years, within the average remaining service period of employees at the time the costs arise, which is five years.」
The policy of recognising prior service costs related to retirement benefits on a straight-line basis over five years is reiterated. - FY2018RestatedAnnual report
「On 1 May 2017, we revised our retirement benefit regulations and changed the basic retirement benefit table used to calculate retirement benefits. As a result, the retirement benefit obligation increased by ¥7.982 million. Since this increase constitutes prior service cost, it is being recognised as an expense on a straight-line basis over five years in accordance with our accounting policies.」
The ¥7.982 million increase in the retirement benefit obligation resulting from the revision of the retirement benefit regulations, and its recognition over five years, are reiterated. - FY2018-Q3RestatedAnnual report
「On 1 May 2017, we revised our retirement benefit regulations and changed the basic retirement benefit table used to calculate retirement benefits. As a result, the retirement benefit obligation increased by ¥7.982 million. Since this increase constitutes prior service cost, it is being recognised as an expense on a straight-line basis over five years in accordance with our accounting policies.」
The ¥7.982 million increase in the retirement benefit obligation resulting from the revision of the retirement benefit regulations, and the policy of recognising it on a straight-line basis over five years, are reiterated. - FY2018-Q2RestatedAnnual report
「On 1 May 2017, we revised our retirement benefit regulations and changed the basic retirement benefit table used to calculate retirement benefits. As a result, the retirement benefit obligation increased by ¥7.982 million. Since this increase constitutes prior service cost, it is being recognised as an expense on a straight-line basis over five years in accordance with our accounting policies.」
The ¥7.982 million increase in the retirement benefit obligation resulting from the revision of the retirement benefit regulations, and the policy of recognising it on a straight-line basis over five years, are reiterated. - FY2018-Q1First statedAnnual report
「On 1 May 2017, we revised our retirement benefit regulations and changed the basic retirement benefit table used to calculate retirement benefits. As a result, the retirement benefit obligation increased by ¥7.982 million. Since this increase constitutes prior service cost, it is being recognised as an expense on a straight-line basis over five years in accordance with our accounting policies.」
The company revised its retirement benefit regulations and basic retirement benefit table on 1 May 2017, and stated its policy of recognising the resulting ¥7.982 million increase in the retirement benefit obligation as prior service cost on a straight-line basis over five years.